Vijay Peduru shares a one minute video about the best way to think of ideas for a new company.
There are many ways to come up with ideas for a new company, such as having a discussion with an expert in the field, examining what other companies are missing, and using Google’s Keyword Tool. The best way according to StartupWin.com founder Vijay Peduru, is to figure out what challenges you face and what would make things easier. Ask yourself what problems do you have that you can’t solve. Chances are many others face these same problems that need a solution. Take Apple for example, they couldn’t find what they wanted on the market in their price range so they created their own. You don’t have to be Steve Jobs or Steve Wozniak, but everyone has problems to solve or things that can be improved upon. Entrepreneurs can take things into their own hands and create their own solutions.
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